After long downtrend Clean science is showing reversals. Forming Inverted Head & Shoulders pattern. Might be good opportunity to go long with small SL of 5~7%
CMP - 1503, Possible 1st Target - 1610, 2nd Target - 1740
CLEAN SCIENCE is forming a Broadening or Expanding Triangle Pattern since December 2022. The stock has formed lower lows on Daily Time frame which looks like an expanding lower trend line. The upper trend line when draw from swing highs also looks like they will not merge with lower trend line, which we can say as a expanding trendlines, The stock has completed...
Buy clean science for longerterm
ABOUT
Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole).
KEY POINTS ...
Stock Idea- Clean Science Tech stock given breakout and tested the falling trendline. wait to close above 1510. Buying Range - 1480 to 1540.
Falling edge pattern on weekly chart and Inverse head and shoulder on daily chart.
Price respected the 20 DMA and even closed slightly above 40DEMA.
Monday if it could sustain the 20 DMA again on closing basis, we could see the next up move developing.
We would be happy to see the price take expected path marked.
We are invested, please do your own due diligence before investing.
as you can see clean science and technologies is tested so many times its support near 1400
as if now good chance to accumulate this in your basket as the company is good in fundamentally
and it can easily goes 1700 to 2000 in near months one can go for new add on in their portfolio for 20 to 30 %
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
clean science cmp 2199
stage pattern formation and confirmation on pullback entry for buy at 2230 cross
support at 2010-2000
bullish formation
8% of capital risk can be deploy
Clean science one of the favorite stock of mine
can entry at cmp or after daily or wqeekly cancle close
looking good as it took support from these level on weekly tf
a very good risk : reward
Keep SL as your risk appetite - a part of a game
taget metioned on the chart
i am not a sebi register adviser
its my own analysis
pls make sure you do your...
RSI shows a positive diversions, took PT , please share your idea and thoughts on this , i'll be more than happy .
I'm a stock market learner, please take the trade as per your risk appetite
